Oct 6, 2012 9:00am PDT
take in. >> governor romney talked about the issue in his debate with president obama. conservatives and liberals are calling for a move to moral economy. for republicans cutting spend democrats it is asking the rich to pay more. governor mike huckabee joins us live . great to have you here. thank you for joining us. >> thank you, uma. >> i know it is an important issue. why do you feel morality and the economy are linked . >> some people call it generational theft and that is accurate description and if you steal from somebody that is a moral issue. that's what we are doing. we are stealing from the generation that is coming after us. we are spending money they will have to pay back on our behalf . we get the benefit and they get the burden. that is immoral and wrong to do that and that is what the huge 16 trillion debt represents. >> are you concerned about the current state of affairs is accepted by some as the new norpal? >> i am uma . let me be fair. this is not just something democrats created but republicans have done. republicans boast they don't raise taxes. that may be wond
Oct 6, 2012 1:00pm PDT
. this is not the recovery we all wanted but we're on the road. for mitt romney it does take away one of talking points he has been very big on, number of consecutive months that the number has been at 8% or above, that line is gone from his speech. short term positives are there for president obama but long term you look at the historical numbers in terms of unemployment in presidential reelection years and depth of the political challenges are great here. >> heather: i'll ask you more about historically in a moment but the numbers have been called into question. there is actually a huge disconnect between the modest of new jobs report and significant decrease in the unemployment rate. jack welch, he went to as far to suggest that the numbers may be manipulated by the obama administration. do you think that the numbers add up? >> i think the suggestion that the numbers was cooked is relatively ridiculous. that being said. economists at the labor department will admit freely that there is a lot of margin of error in these numbers. a month after each job report these numbers are revised upward or downward.